Ynon Kreiz - Aug 1, 2021 Form 4 Insider Report for MATTEL INC /DE/ (MAT)

Role: Chairman & CEO, Director
Signature: /s/ Tiffani Magri, Attorney-in-Fact for Ynon Kreiz
Stock symbol: MAT
Transactions as of: Aug 1, 2021
Transactions value $: -$478,578
Form type: 4
Date filed: 8/3/2021, 09:18 PM
Next filing: Feb 9, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	MAT	Common Stock	Options Exercise		+44.4K	+15.56%		330K	Aug 1, 2021	Direct	F1
transaction	MAT	Common Stock	Tax liability	-$479K	-22K	-6.68%	$21.72	308K	Aug 1, 2021	Direct	F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	MAT	Restricted Stock Units	Options Exercise	$0	-44.4K	-100%	$0.00^*	0	Aug 1, 2021	Common Stock	44.4K		Direct	F1
transaction	MAT	Employee Stock Option - Right to Buy	Award	$0	+266K	+50.8%	$0.00	790K	Aug 2, 2021	Common Stock	266K	$21.91	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	As reported on a Form 4 dated August 1, 2018 and filed on August 3, 2018, the Reporting Person received a grant of 130,703 Restricted Stock Units ("RSUs" or "Units") on August 1, 2018. The RSUs vested as to (a) 33% of the Units granted on the first anniversary of the date of grant, (b) an additional 33% of the Units granted on the second anniversary of the date of grant, and (c) the remaining 34% of the Units granted on the third anniversary of the date of grant. On each vesting date, for each Unit vesting on such date, the Reporting Person received one share of Mattel, Inc. Common Stock, subject to tax withholding. On August 1, 2021, the remaining 34% of these RSUs vested, resulting in the issuance of 44,440 shares of Mattel, Inc. Common Stock.
F2	Pursuant to the terms of the August 1, 2018 RSU grant, 22,034 shares of Mattel, Inc. Common Stock were automatically withheld at vesting to cover required tax withholding.
F3	The option was granted on August 2, 2021 pursuant to the Mattel, Inc. Amended and Restated 2010 Equity and Long-Term Compensation Plan, as amended. The option vests and becomes exercisable with regard to (a) 33% of the shares granted on the first anniversary of the date of grant, (b) an additional 33% of the shares granted on the second anniversary of the date of grant, and (c) the remaining 34% of the shares granted on the third anniversary of the date of grant.